I completely agree. AGN's share price is currently suffering from profit taking due to a general sell-off in the biotech sector. AGN is also being punished for lack of forward guidance on the most recent earnings conference call. I don't understand why some are interpreting lack of forward guidance as a negative. The company reported excellent earnings with strong demand for its drugs. Teva is buying AGN's generics unit for a record sales price. And the CEO has confirmed that the company will make a major acquisition in the near future. At today's lows AGN was a screaming buy.
Sentiment: Strong Buy
You are right about the underperformance. I think Hedgies have had enough of this cowboy. Plus He is always on talking with that Cramer guy which destroys reputations. Good luck to you
Sentiment: Strong Sell
are longs pumping colonel saunders for some extra crispy and mashed potatoes?